Taman Bukit Minyak(K.w.realty)

Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 420,000
PSF
RM 263
Price Size
Period
transactions middle 50% (P25–P75)
650 sqft
LC Flat
RM 83,000
Level 4
635 sqft · RM 131 PSF
1,550 sqft
2-Sty Terrace
RM 430,000
Tingkat Bukit Minyak 3
1,572 sqft · RM 274 PSF
RM 406,000
Tingkat Bukit Minyak 2
1,572 sqft · RM 258 PSF
RM 430,000
Tingkat Bukit Minyak 1
1,572 sqft · RM 274 PSF
RM 410,000
Tingkatbukit Minyak 1
1,572 sqft · RM 261 PSF
2,800 sqft
Semi-D
RM 750,000
Lorong Bkt Minyak 17
2,820 sqft · RM 266 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 420,000

RM 263 psf

Median transaction price

Taman Bukit Minyak(K.w.realty)
© OpenStreetMap · CARTO

Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Bukit Minyak(K.w.realty) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 263.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 420K, with most transactions falling within a stable range of RM 227K to RM 613K, and a typical market range of RM 213K to RM 627K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 263, with core pricing between RM 212 and RM 314. Market pricing typically extends from RM 185.67 to RM 341.17, reflecting moderate variation in unit pricing. The spread of RM 155.50 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.